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of uncertainty. so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be sign
's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my information, i want to emphasize bend has been ongoing information. this state did and right now the people leaving the state department are victims of the government's need to cover up the larger story, that the security at the benghazi mission and it was a with th
problem. it's not a crime of passion, no robbery. strictly mental health. in china, they're having a similar phenomenon where these things are occurring with more frequency. you can't get your hands on guns in china but it's happening with knives and axes in schools. there's not really much you can do. columbine had an armed guard. virginia tech has an armed police presence. it's not the answer. i think it's just identifying these people and somehow stepping in before this happens. >> blake, let me ask you this -- mark opens the door about security and armed guards and so forth. my sister-in-law, bless her, down in virginia beach, is a schoolteacher. she called my wife this afternoon to relay a story about security in some of the inner city schools in that area. let me read you what she said. somebody comes into the school, they have to get buzzed in. this guy got buzzed in. we don't know yet why, how, when and where. but he got buzzed in. the buzzer goes off and sets an alert. follow me on this. somebody buzzes in. maybe they go through a window. teachers start a drill. the kids a
-- they're pumping in liquidity. so is china. now, in the long run, we may come to regret this very much. in the short run, i have a feeling all this liquidity is a bigger issue than the fiscal cliff for stocks. >> for stocks. i totally agree with you. we're printing money all around the world. it's good for the stock market. but we're pumping liquidity in, lower growth forecast from the ex, just about any acronym entity that you think of, we've seen lower growth forecast at the same time the credit spreads have come back down. yes, i think things are calmer. these are good things for equities. the yields on corporate bonds, you have to go out seven, eight years to get money on junk paper. corporations have more cash on their balance sheet. they're buying back shares. >> ting the financial picture -- there's nobody that's cutting marginal tax rates. nobody's deregulating and there's nobody that's limiting government. i get that. there's no supply side policies going on. but when you look hat the financial fear spreads or the financial risk spreads -- and here's one, banks. i saw dick bov
Search Results 0 to 3 of about 4